4. Prepare a single-step income statement with the following information Tau Safari Co. 12/31/2018 Partial...
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4. Prepare a single-step income statement with the following information Tau Safari Co. 12/31/2018 Partial Trial Balance Data Debits Credits 700.000 60,000 110,000 Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses Interest expense 500,000 150,000 30,000 100.000 General and administrative expenses Income tax expense has not yet been accrued The effective tax rate is 30
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